The premier forum Indian Ocean Naval Symposium (IONS) held its maiden Maritime Exercise 2022 (IMEX-22) at Goa and in Arabian Sea from 26 â 30 Mar 22 which witnessed participation of 16 out of the 25 member nations of IONS which included Iran.
Asian Development Bank and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India.
World merchandise trade volume is expected to grow 3.0% in 2022 (down from 4.7% previously) and 3.4% in 2023, but these figures may be subject to revision due to uncertainty about the course of the conflict in Ukraine.